a clean energy finance corporation, page-13

I've got a sneaking suspicion Springtree's days are numbered.

* In March DYE appointed a new director with a background in Wall St finance.

* In May, DYE did a finance deal with a Wall St investment company.

* The SP gets hammered.

* In August, another new director is appointed. A couple of years ago he was Geodynamic's CEO and raised $81M for the company by securing 3 cornerstone investors - one of which was Tata Power.

* DYE's latest Annual Report states "Dyesol will generate the cash necessary through a mix of government incentives, partner finance, and in-company equity." As far as I'm aware, that's the first time DYE's mentioned partner finance as a funding option.

So my tip for the coming months.....bye-bye SpringTree, hello new cornerstone investor.